this is ansolute baloney and one of the biggest and longest pushed furphies on Hotcopper it's a time honoured explanation from bulls a to why a favoured stock drops, it's always nasty instos shaking out retail loose hands. it's garbage look to poor management, poor financials and overvaluation. sometimes the same insto buys and sells and buys back but it's usually explained by fund flows, valuation, technicals, change in portfolio manager, news, market outlook. market manipulation by instos is as rare as hens teeth.
EVS Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held
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